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Location: United States

Member Since: Feb. 22, 2013

Jimmy Ingram

Biography

THE AUTHOR
Jimmy Ingram is one of those rare individuals who is able to not only learn from life experiences but can also translate the lessons from his past into bite-size actionable and profitable plans for himself and for others. Jimmy began his entrepreneurial career with his business partner Richard Goudie in the bookstore business. In 5 years they created 25 bookstores and sold them to fulfill a shared dream of building their own supper club. Over the next several years they opened restaurants in Washington, DC, Atlanta, and Ft. Lauderdale. Less than a decade later, at the age of 31, they found themselves completely broke and living in a one-room motel in Vienna, Virginia. Their only remaining asset was a small game-machine vending route. With the help of a mentor they turned that small route into a multimillion dollar vending empire. Jimmy and Rick shared a passion, the food and beverage business, so they used their new found profits to build a huge vending business, and develop and operate restaurants in DC., Virginia, Maryland, Atlanta, Miami, and South Beach.

One of Jimmy’s and his business partner Rick’s unique contributions to vending was to create a Vending Lease Management business model which allows anyone to start with little investment and grow at his or her own pace. This approach has allowed his company to overturn over 1,000 high-volume vending locations and sell them to 3rd party vendors, while continuing to receive a percentage of sales, all without owning or servicing a single vending machine.

In the process of concentrating on the vending machine business, Jimmy gained an amazing array of insights he has shared with others who have created their own multi million-dollar businesses.
Jimmy’s and Rick’s approaches to building high-volume vending routes, arcades, and a highly successful Vending Lease Management business have been detailed in 14 books. They cover the range from business opportunities to coffee and water service, creating successful arcades and a number of how-to guides. These include how to choose the right vending machines, purchase the right route truck, create high-volume vending routes, overturn and sign high-volume vending locations, sell high-volume locations for thousands or even tens of thousands of dollars while achieving 80%-90% profits and 3% of each location's gross sales for the life of the contract.

Incorporate Your Business For Less Than $100 dispels these mysteries, explaining how simple the act of incorporation really is. It discusses the various types of incorporation and why you would choose one over the other.We include a handy question and answer section, and furnish a useful list of state offices so you will know who to contact to begin incorporating your business.

While arcades are much less common today, they still are profitable for entrepreneurs who move forward with a firm business plan and a set of numbers to support it. We explain why the secret to arcade success is affording the hot new games everyone wants to play, and how you can master that critical aspect of your business.

Poor credit is undoubtedly one of the reasons many would-be entrepreneurs never attempt to go into business for themselves. Corporate Credit Blueprint gives you the facts about corporate credit versus personal credit and explains why poor credit doesn’t have to hold you back. We explain how you can establish business credit to reduce your dependence on personal credit.

The purpose of Truth in Vending is to provide a road map to help you go forward as quickly and as successfully as possible, and most important, to keep you from making the mistakes most new business owners fall victim to. Business Opportunities Unveiled removes the veil that surrounds these companies, and shows you why they are usually a waste of time.

This 3-volume Vending for Profit series lays out the method we have created and refined to start your own MILLION$ vending-rt and vending management business, with 90% PROFITS
Volume I – What you need to start your vending mgt business
Volume II – How you can take over profitable existing routes
Volume III – Describes what software you'll need to operate AND how you can get FREE VENDING MACHINES